If you have a lump sum of money that you know you won’t need access to for a period of time, a Term Investment might be the answer for you. Offering competitive interest rates that are ‘locked in’ for the term of the investment, making this a secure way to invest your money and earn a great return on your investment.
Fixed terms start from two months up to five years. And you only need $5,000 to get started.
All deposits with People’s Choice Credit Union are protected by the Financial Claims Scheme, so you know your money is in safe hands.
To work out how much you can save and how long it will take you, visit our savings calculator.
Features and Benefits
- For investments of 1 year or more interest can be paid annually, half yearly, quarterly, monthly or every 28 days.
- For investments less than a year interest is paid at maturity
- Any deposit with People’s Choice Credit Union is protected by the Financial Claims Scheme, which guarantees deposits of up to $250,000.
- You have the security of a fixed rate for a fixed term
- You can view your Term Investment at any time via Internet Banking or with the People’s Choice Smartphone and iPhone App